Multi Trans
The computed 12-month bankruptcy probability of Multi Trans is 6.0% (elevated). The 2023 annual accounts show equity of €2k and a net result of €-118k. Equity is shrinking by ~47.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €-118k |
| Staff (FTE) | 11 |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-86k |
| Net profit | €-118k |
| Cash flow | €-90k |
| Staff costs | €376k |
| Income taxes | - |
| Dividends | - |
| Total assets | €549k |
| Equity | €2k |
| Debt | €547k |
| of which ≤ 1y | €547k |
| of which > 1y | - |
| Working capital | €-121k |
| Employees (FTE) | 11.0 |
| 2023 | |
|---|---|
| Current ratio | 0.78 |
| Quick ratio | 0.78 |
| Working capital ratio | -22.1% |
| Solvency | 0.4% |
| Debt / equity | 250.76 |
| Long-term debt ratio | - |
| Interest coverage | -22.74 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.5% |
| ROE | -5407.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €549k |
| Fixed assets | 21/28 | €124k |
| Tangible fixed assets | 22/27 | €119k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €426k |
| Amounts receivable within one year | 40/41 | €390k |
| Cash & bank | 54/58 | €30k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €549k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €547k |
| Amounts payable within one year | 42/48 | €547k |
| Trade debts payable within one year | 44 | €240k |
| Income statement | ||
| Gross operating margin | 9900 | €313k |
| Operating result | 9901 | €-114k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-118k |
| Net result for the period | 9904 | €-118k |
| Result to be appropriated | 9905 | €-118k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2020 |
| Status | Active |
| Postal code | 2160 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
| 11622C0093/00X004 | Flanders | 1,299 m² | 1 · 324 m² | 10.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-04-2025 Registered office moved from Antwerpen to Wommelgem
- Noorderlaan 177 te 2030 Antwerpen → Nijverheidsstraat 70 te 2160 Wommelgem
Technical details
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"new_address": {
"raw": "Nijverheidsstraat 70 te 2160 Wommelgem",
"city": "Wommelgem",
"region": "vlaams_gewest",
"street": "Nijverheidsstraat",
"country": "BE",
"postcode": "2160",
"box_number": null,
"street_number": "70",
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},
"old_address": {
"raw": "Noorderlaan 177 te 2030 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Noorderlaan",
"country": "BE",
"postcode": "2030",
"box_number": null,
"street_number": "177",
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},
"effective_date": "2025-02-24",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
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"old_address_source": "act_body",
"statute_clause_text": null,
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"effective_date_qualifier": "absolute",
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"court_jurisdiction_changed": false,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-01",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2025-02-24",
"unanimous": true
},
"subject_company": {
"kbo": "0759.524.945",
"name_full": "MULTI TRANS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "HAYOUNE Mounir",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}04-05-2023 1 director appointed, 1 resigning
- HAYOUNE Mounir, Niet statutair bestuurder
- BOUACHRA Achraf, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "BOUACHRA Achraf",
"address": "2610 Antwerpen (Wilrijk), Bist 33 bus 4",
"birth_date": "1992-08-06",
"profession": null,
"birth_place": "Beni Ensar, Marokko"
},
"reason": "end_of_term",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-04-28",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BOUACHRA Achraf",
"address": "2610 Antwerpen (Wilrijk), Bist 33 bus 4",
"birth_date": "1992-08-06",
"profession": null,
"birth_place": "Beni Ensar, Marokko"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering beslist hem kwijting te verlenen voor de uitoefening van hun mandaat tot op heden, zonder enig voorbehoud.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "niet-statutair bestuurder",
"person": {
"rrn": null,
"name": "HAYOUNE Mounir",
"address": "2660 Antwerpen (Hoboken), Hagelandstraat 41 bus 302",
"birth_date": "1996-08-10",
"profession": null,
"birth_place": "Antwerpen"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ACHTER Ismail",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": null,
"name": "BV Ortelius",
"address": "2020 Antwerpen, 7e Olympiadelaan 89-91",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Lawrence DE BRUYNE",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-05-04",
"filing_date": "2023-05-02",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-04-28",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0759.524.945",
"name_full": "Multi Trans",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lawrence De Bruyne",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten",
"verslag bestuursorgaan"
],
"corrected_publication_numac": null
}10-06-2022 Registered office moved within Antwerpen
- Middelmolenlaan 140A te 2100 Antwerpen → Noorderlaan 177 te 2030 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Noorderlaan 177 te 2030 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Noorderlaan",
"country": "BE",
"postcode": "2030",
"box_number": null,
"street_number": "177",
"locality_suffix": null
},
"old_address": {
"raw": "Middelmolenlaan 140A te 2100 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Middelmolenlaan",
"country": "BE",
"postcode": "2100",
"box_number": null,
"street_number": "140A",
"locality_suffix": null
},
"effective_date": "2022-04-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-06-10",
"filing_date": "2022-05-30",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-04-01",
"unanimous": true
},
"subject_company": {
"kbo": "0759.524.945",
"name_full": "MULTI TRANS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bouachra Achraf",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Multi Trans |